Kaufman, TX is a small town located in the heart of Texas. It has a population of just over 6,000 people and is a great place to live for those who want to escape the hustle and bustle of big city life. The rent for two bedroom apartments in this town is surprisingly low at only $1,300 with the US median being $1,430. The cost of living in Kaufman is also lower than the US average as evidenced by its Grocery Cost Index which stands at 96 compared to 100 nationally.
Kaufman's local economy is largely supported by smaller businesses such as Honda Dealer Group and Lowe’s Home Improvement Store as well as various agricultural enterprises. Many residents find employment with these companies or work in nearby Dallas metro area communities. With its low cost of living, ample job opportunities, and close proximity to Dallas, it's no wonder why so many families choose to call Kaufman home!
Kaufman has an unemployment rate of 6.3%. The US average is 6.0%.
Kaufman has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 49.1%, which is higher than the US average of 33.5%.
Tax Rates for Kaufman
- The Sales Tax Rate for Kaufman is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Kaufman is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kaufman
- The average income of a Kaufman resident is $17,993 a year. The US average is $28,555 a year.
- The Median household income of a Kaufman resident is $52,019 a year. The US average is $69,021 a year.